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Apr 24, 2013
04/13
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would require apple to pay a high tax rate. s&p just gave apple a double a plus rating, which is the same rating as the u.s. government. most people say an apple bond would be well received by the street, as there's a strong demand for high credit-quality bonds. it would also give fixed income and value investors a new place to put cash to work. maria? >> seema, thank you so much. so is wall street too negative on apple and does the technology community feel the same about analysts? >> let's talk with max wolf, back with us, and scott stein is senior editor with cnet.com. so max, tim cook admits that apple is a mature technology company. they're increasing the dividend, they have this massive buyback to put some of this cash to work. can we officially now declare this the end of the steve jobs era at apple? >> yeah, i think we probably can pch i think apple decided that for the foreseeable future, it was better to try to be an irresistible value play than a much more questionable growth play, although i think there's a good cha
would require apple to pay a high tax rate. s&p just gave apple a double a plus rating, which is the same rating as the u.s. government. most people say an apple bond would be well received by the street, as there's a strong demand for high credit-quality bonds. it would also give fixed income and value investors a new place to put cash to work. maria? >> seema, thank you so much. so is wall street too negative on apple and does the technology community feel the same about analysts?...
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Apr 23, 2013
04/13
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houston, texas, no taxes, chicago, illinois. >> chicago's a great city. i love chicago, my wife's from chicago, but i've got to go with houston because i like the tax rate. >> and you were just there. >> i was just there, people were nice. i like the kind of semi-spanish style of the home, the gas grill, that outdoor living thing they've got going. >> it's a great house, great house, great location, houston, texas wins. >> wow! we've dethroned the painted lady. >> the former brothel, and that house, by the way, the other one, is actually, was a former brothel. so the english manor has deflowered the former brothel, so to speak. >> it's almost worth staying in the painted lady to hear the whispering -- >> you can't imagine the number of e-mails i got about it, seriously. but i have to tell you, it's a tough, tough go on this one. okay, both houses are amazing, both houses are in beautiful condition, both houses just are winners. but texas wins. the fact that unemployment in chicago is so much higher than houston, houston, 6%, chicago 9.2. you've got to giv
houston, texas, no taxes, chicago, illinois. >> chicago's a great city. i love chicago, my wife's from chicago, but i've got to go with houston because i like the tax rate. >> and you were just there. >> i was just there, people were nice. i like the kind of semi-spanish style of the home, the gas grill, that outdoor living thing they've got going. >> it's a great house, great house, great location, houston, texas wins. >> wow! we've dethroned the painted lady....
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Apr 19, 2013
04/13
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how many get vouchers or tax credits? just 1 million. you can barely see the bar graph on this chart. only 2 million go to charter schools. this is such a feeble offering of school choice despite good evidence that choice works. this week the friedman foundation released an in-depth analysis of research on choice. twenty-three studies compared to outcomes for students that have school choice. twenty-two found choice improve student performance. twenty-two at 23. one study found no visible impact, no study found a negative impact. choice works. some people of worry that choice these to segregated schools. a studies examine that. seven found school choice moose from more racially segregated schools into less serious ones. one found no effect, no study found that choice increased segregation. the bottom line, when you let parents choose, schools get better, students do better. choice works. let's not let the blob's stop it. and that's
how many get vouchers or tax credits? just 1 million. you can barely see the bar graph on this chart. only 2 million go to charter schools. this is such a feeble offering of school choice despite good evidence that choice works. this week the friedman foundation released an in-depth analysis of research on choice. twenty-three studies compared to outcomes for students that have school choice. twenty-two found choice improve student performance. twenty-two at 23. one study found no visible...
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Apr 24, 2013
04/13
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you also keep in mind, it's not a tax advantage unless you're a tax-exempt institution, which most of our clients are. >> gotcha. >> another big difference. >> all right. coming up, you saw it right here on the halftime show. ackman and icon going head-to-head over their positions on herbalife. >> i appreciate, bill, that you called me a great investor. i thank you for that. unfortunately, i can't say the same for you. >> this is not an honest guy and this is not a guy who keeps his word and this is a guy who takes advantage of little people. >> talk a little icon, talk a little herbalife. we're going to ask jim to weigh in, as well. we're back in two minutes. [ beeping ] ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and recondition each one, until it's nothing short of a genuine certified pre-owned... mercedes-benz for the next new owner. ♪ hurry in to your authorized mercedes-benz dealer for 1.99% financing during our certified pre-owned sales event through april 30th. [ agent smith ] i've found software that intrigues me. it appears it's
you also keep in mind, it's not a tax advantage unless you're a tax-exempt institution, which most of our clients are. >> gotcha. >> another big difference. >> all right. coming up, you saw it right here on the halftime show. ackman and icon going head-to-head over their positions on herbalife. >> i appreciate, bill, that you called me a great investor. i thank you for that. unfortunately, i can't say the same for you. >> this is not an honest guy and this is not a...
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Apr 23, 2013
04/13
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. >> 10,000 tax jurisdictions. that's ridiculous. >> it's a lot. thanks a lot. airlines, railroads and the all important apple. all those reports out today. and the earnings squad standing by to break it down. this can save you hundreds of dollars on your cell phone blil. why millions around the world are kicking it when the ceo of kik messenger joins us live. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a marine biologist... who studies the peruvian anchovy. invested in the world. bny mellon. [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients to software, to nurses to the right people and machines. ♪ helping hospitals treat people even better, while dramatically reduc
. >> 10,000 tax jurisdictions. that's ridiculous. >> it's a lot. thanks a lot. airlines, railroads and the all important apple. all those reports out today. and the earnings squad standing by to break it down. this can save you hundreds of dollars on your cell phone blil. why millions around the world are kicking it when the ceo of kik messenger joins us live. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny...
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Apr 18, 2013
04/13
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topping that list, mcallen taxes . you can always check it out. foxbusiness.com. see what is trending. well, later in the show, small-business is spending a lot of time and resources and social media. is there investment paying off? unions going through labor pains getting desperate for more numbers. and so you here where they're lookinnow. ♪ are yostill sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providi answers families need. siemens. answers. gerri: our nation's charter schools are under threat. unions tried to organize church ♪ >> from the fox business studios in new york city, it's "the willis report" with gerri willis. ♪ gerri: well, unions trying to infiltrate chaer schools across the country in order to fuel their coffers. joining me now with the threat unions pose to our nation's charter schools, ceo of the illinois policy institute. welcome back to the show. you know, i find this interesting because charter schools typically haveot been a place tha
topping that list, mcallen taxes . you can always check it out. foxbusiness.com. see what is trending. well, later in the show, small-business is spending a lot of time and resources and social media. is there investment paying off? unions going through labor pains getting desperate for more numbers. and so you here where they're lookinnow. ♪ are yostill sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news....
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Apr 17, 2013
04/13
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i worry about the tax hike on the not only well to do but tax hike on every dollar on obamacare and other things. if anything that will affect things i doubt this will. gerri: rc. this is already one event too many for me. what do you say? >> bingo. >> consumers are driven most what is happening to their biggest asset. for most people the biggest asset is their house. is it appreciating depreciating? is it above water or below water? that will be big part of what drives consumer sentiment? how safe is their jobs? are they getting raising or people being laid off. that will drive consumer sentiment. gerri: certainly important issues. jordan back to you, when you look at the past what is response from consumers? >> certainly after 9/11 there was dramatic decrease in consumer activity. peopleut back on spending. gerri: recession. >> that happened at that time. this isn't that. it is a one-shot event at least at moment. if there are other events that would affect things much more. this is not as big as 9/11 but people definitely pull back when these things happen. gerri: gary to you. we've wa
i worry about the tax hike on the not only well to do but tax hike on every dollar on obamacare and other things. if anything that will affect things i doubt this will. gerri: rc. this is already one event too many for me. what do you say? >> bingo. >> consumers are driven most what is happening to their biggest asset. for most people the biggest asset is their house. is it appreciating depreciating? is it above water or below water? that will be big part of what drives consumer...
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Apr 23, 2013
04/13
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tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombgs and lou dobbs gives us his take. at tyco integrated security, we consider ourselves business optimizers. how? by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, we are tyco integrated security. and we are sharper. hey everybody, hi mom... streaming live with a tour of my new place... knowg you can still reach out. ... and now you've seen it. that's powerful
tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombgs and lou dobbs gives us his take. at tyco integrated...
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Apr 18, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> another day in the red has the major averages on track for their worst week of the year. josh lipton breaks down today's big movers. hey, there, josh. >> a down day for the market, but there were spots of green here. your biggest gainer in the s&p. let's start with that. peabody energy. the coal
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly...
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Apr 20, 2013
04/13
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how many get vouchers or tax credits? just 1 million. you can barely see the bar graph on this chart. only 2 million go to charter schools. this is such a feeble offering of school choice despite good evidence that choice works. this week the friedman foundati released an in-depth analysis of research on choice. twenty-three studies compared to outcomes for students that have school choice. twenty-two found choice improve student performance. twenty-two at 23. one study found no visible impact, no study found a negati impact. choice works. some people of worry that choice these to segregated schools. a studies examine that. seven found school choice moose from more racially segregated schools into less serious ones. one found no effect, no study found that choice increased segregation. the bottom line, when you let parents choe, schools get better, students do better. choice works. let's not let the blob's stop
how many get vouchers or tax credits? just 1 million. you can barely see the bar graph on this chart. only 2 million go to charter schools. this is such a feeble offering of school choice despite good evidence that choice works. this week the friedman foundati released an in-depth analysis of research on choice. twenty-three studies compared to outcomes for students that have school choice. twenty-two found choice improve student performance. twenty-two at 23. one study found no visible impact,...
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Apr 17, 2013
04/13
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the arrest in taxes of the wife of the exit justice of the piece there charged with three murders. the d.a., assistant d.a., and the wife of the district attorney. >> the odd thing about that is police went and basically on her confession that she was the one who often these people, sort of, i guess, in retribution for has been getting convicted. very convoluted. he gets convicted of stealing and lost his job. lou: stealing three computers. >> shooting three innocent people. now warmer has it that she will also put the gun and arouse the sand. right now he has not been charged with murders. >> in jail for making terroristic threats, and he is in jail for the bond. what she is now saying, she's the one that pull the trigger. they found a warehouse full of arms and the car. has really been -- the investigation has been amazing. lou: we don't have an opportunity to do this enough. the investigators, law enforcement agencies, the prosecutors have been brilliant in the state of texas in the way in which they have handled this. >> without a doubt. and the fact of the public did not know
the arrest in taxes of the wife of the exit justice of the piece there charged with three murders. the d.a., assistant d.a., and the wife of the district attorney. >> the odd thing about that is police went and basically on her confession that she was the one who often these people, sort of, i guess, in retribution for has been getting convicted. very convoluted. he gets convicted of stealing and lost his job. lou: stealing three computers. >> shooting three innocent people. now...
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Apr 16, 2013
04/13
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and in the united states, we have a tax code that is not designed to incent investment, which produces jobs and gdp growth, and hopefully we'll change that soon. >> international priority shipping saw a decline in what you charge per package to ship. what does that tell you about the global economy outside of the u.s.? >> well, i think what people are doing with the price of fuel, and this goes to larry fink's remarks a few moments ago, about the prospects for mexico, as it costs more to move goods, off a the price of fuel, they make price service trade downs, so our economy shipping was growing quite nicely. we simply have to adjust capacity and got a little out of phase with that. but it's not by accident that, again, referencing what larry said a couple years ago, we bought a wonderful company in mexico, which is now a big part of the fedex portfolio, because we believe there's be a lot of near shoring and the nafta trades will be quite strong. >> yeah, i am loving this mexico story. you're investing in mexico as well, really interesting. fred, let me get your take on the tragedy in
and in the united states, we have a tax code that is not designed to incent investment, which produces jobs and gdp growth, and hopefully we'll change that soon. >> international priority shipping saw a decline in what you charge per package to ship. what does that tell you about the global economy outside of the u.s.? >> well, i think what people are doing with the price of fuel, and this goes to larry fink's remarks a few moments ago, about the prospects for mexico, as it costs...
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Apr 19, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. no they don't. hey son. have fun
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local...
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Apr 16, 2013
04/13
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the irs says boston taxpayers will be granted extensions on their tax returns. every little bit helps. that is my "2 cents more." a great night and we will see rebecca tomorrow evening. ♪ lou: lou: good evening and thank you for being with us. details tonight emerging about yesterday's horrific terrorist attack and the boston marathon. the two explosions on boils some street wounded 176 by standards. three people killed. martin richard lost his life in the explosion that also left his brother and sister critically wounded. waiting by the finish line to hug his father and to congratulate him for finishing a marathon. 29-year-old crystal campbell also killed in the attack after adding to the finish line to take a picture of a friend was completing the race. the third victim has now been identified as a graduate student from boston university, but her name has not been released pending notification of next of kin. seventeen other victims tonight remain in critical condition. some have lost limbs or arms, many have suffered severe injuries to their legs. doctors o
the irs says boston taxpayers will be granted extensions on their tax returns. every little bit helps. that is my "2 cents more." a great night and we will see rebecca tomorrow evening. ♪ lou: lou: good evening and thank you for being with us. details tonight emerging about yesterday's horrific terrorist attack and the boston marathon. the two explosions on boils some street wounded 176 by standards. three people killed. martin richard lost his life in the explosion that also left...
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Apr 16, 2013
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> on budget and on time, rio tinto says it's on track to expand iron ore output to 390 million tons this year under its $90 million project. the company is making good progress in its cost cutting drive, coping with the sharp fall in commodity demand. shares are higher this morning 1.74%. i want to get a thought here from martin hennecke. martin, what do you do with iron ore here despite the declines we've seen across the board for the commodity complex? >> it's a great time to manipulate because it has been monolithic growth on those metals and you see the physical buyers really moving in very strongly, for example, in china there because of, really, jewelry sales and it's taking off these days. that's vary clear buy. iron ore, the picture is somewhat more difficult. on the one hand, you have still reasonably
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> on budget and on time, rio tinto says it's on track to expand iron ore output to 390 million tons this year under its $90 million project. the company is making good progress in its cost cutting drive, coping...
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Apr 23, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> welcome back to cnbc. disappointing figures out of germany keep market gains in check with investorers concerned about weaker than expected data in china. a mixed set of numbers in europe with kpm disappointing, but more positive earnings from escona. apple is getting set to report much anticipated results around noon. analysts get set for a shrink for the first time in aek did aid. >> your data alert out of britain, that compare bes a 15.5 billion establishment and $16.7 billion a year ago. as britain's finances come more and more into focus, the question then becomes what these levels will continue to look like. chris williamson is still here. we're seeing a sell-off in sterling by 15.1%. how does that drive with your expectations? >> it's a little better than the market was expecting. and importantly, this
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> welcome back to cnbc. disappointing figures out of germany keep market gains in check with investorers concerned about weaker than expected data in china. a mixed set of numbers in europe with kpm...
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Apr 20, 2013
04/13
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pat enof advocating more tax increases on top of the $1.7 trillion in tax increases we have see. not maing decisions we have to make to get out of control spending, under control and the turn-around the unsustainable deficit and debt. it ones massive budget deficits in the future. >> lou: we have watched continuing resolution after continuing resolution take over what has been the traditional roll of the budget. are we to see another round of continuing resolutions as a result of the blueprint, the president decided to advance 65 days after it was due? >> i think we may well. the president made a decision not to submit a budget while e senate is considering a budget despite he is legally required to do so. part of the reason that we have seen government by continuing resolution is that congress has not been doing its job. passing appropriation bills and making the hard decisions, that all of us are elected to decide. i don't think it's a particularly conservative philosophy. they want to live within your means and not want to bankrupt the count. up fortunately, for the last four
pat enof advocating more tax increases on top of the $1.7 trillion in tax increases we have see. not maing decisions we have to make to get out of control spending, under control and the turn-around the unsustainable deficit and debt. it ones massive budget deficits in the future. >> lou: we have watched continuing resolution after continuing resolution take over what has been the traditional roll of the budget. are we to see another round of continuing resolutions as a result of the...
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Apr 18, 2013
04/13
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noticing that the effective tax rate that google's reporting is actually 8%. that compares with 18%, both last quarter and in the same quarter a year ago. so you've got to wonder how much that low tax rate affected their profitability and eps in that quarter. >> indeed. all right, thank you, all. an important earnings report period just now and wouldn't you know, it's the fast food company that is the only one that beat on the top line, of all three. and it's up 7.5% right now. thank you. >>> coming up, just three days of the tax deadline comes news of a b involving current and former irsit uil you hea wh they did, michelle. >> oh, i'll be shocked. >>> also, we're going to speak exclusively to bb&t ceo about his company's earnings and his bank's trouble with stress tests. >> that and much more coming up on the "closing bell." you are watching cnbc, first in business worldwide. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's
noticing that the effective tax rate that google's reporting is actually 8%. that compares with 18%, both last quarter and in the same quarter a year ago. so you've got to wonder how much that low tax rate affected their profitability and eps in that quarter. >> indeed. all right, thank you, all. an important earnings report period just now and wouldn't you know, it's the fast food company that is the only one that beat on the top line, of all three. and it's up 7.5% right now. thank you....
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Apr 18, 2013
04/13
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some the workers that say you pay your taxes are scramming the system and stealing your tax dollars. the details of this story are going to make you furious. might want to get the kid out of the room. that is next. liz: google starting to distribute pricey brand new internet connected glasses called google glass. we want to know if you would fork over $1500 a pair? log on to facebook.co facebook.com/afterthebell. tell us what you think. we'll read your comments later this hour. ♪ . are you still sleeping? just wanted check and make sure that we were on schedule. the first chnology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. liz: you're going to hate this. dozens of irs workers charged with allegedly stealing government benefits, the very same workers who were supposed to protect the system. david: makes you mad, doesn't it? liz macdonald. wait until you hear the details. she has got them for you. you've been following the tax system for a long time. this is an incredible story. >> good to be with you, liz and david. two d
some the workers that say you pay your taxes are scramming the system and stealing your tax dollars. the details of this story are going to make you furious. might want to get the kid out of the room. that is next. liz: google starting to distribute pricey brand new internet connected glasses called google glass. we want to know if you would fork over $1500 a pair? log on to facebook.co facebook.com/afterthebell. tell us what you think. we'll read your comments later this hour. ♪ . are you...
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Apr 19, 2013
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit went into a residential neighborhood not far from here where there was an exchange of gunfire between watertown police, nbta police officer and is two suspects in this suv. during the course of that pursuit, several explosive devices were discharged from the car at the police officers. in the exchange of the gunfire, we believe that one of the suspects was struck and ultimately taken into custody. a second suspect was able to flee he from that car and there is an active search going on at this point in time. an mbta police officer was struck during that exchange of gunfire and is currently at the hospital in
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit...
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Apr 16, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com it's as simple as this. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has. investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. >>> welcome back to "the halftime report. "here are halftime's top first three trades. target, the stock lower after the retailer said they would miss expectations, stock lower by 2/3 a percent. what do you think? >> you think payroll tax and all that, but that was not the case. what it was mostly according to the company, we have heard this consistently, was weather. weather wreaked havoc in terms of their sales, so it was too cold and people weren't buyingf
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com it's as simple as this. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has....
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Apr 22, 2013
04/13
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we're in a cycle now, it's the fourth year in a row where you get this increase in volatility after tax time. and you see all the companies revising their earning forecast to temporary expectations. and so typically in the next month or two we'll have some external macro surprise that will get everyone concerned again. it's been a very consistent pattern that we do well in the fall and the early spring and then cool off and get more volatile. >> rick santelli, markets all waiting for these earnings reports this week. in the meantime among your markets, gold has bounced big today. the dollar is still flirting with 100 yen. what are you watching? what are the benchmarks you're keeping an eye on this week? >> well, you know what, i think the biggest benchmark that i'm going to pay attention to is the dax stock index in germany. it's down about 1.75% on the year. last week not only were eurozone car sales, registrations off, but germany was off in particular. i think keep it simple. i think as those auto numbers deteriorate, it's just going to exaggerate all the other weaker economies. and
we're in a cycle now, it's the fourth year in a row where you get this increase in volatility after tax time. and you see all the companies revising their earning forecast to temporary expectations. and so typically in the next month or two we'll have some external macro surprise that will get everyone concerned again. it's been a very consistent pattern that we do well in the fall and the early spring and then cool off and get more volatile. >> rick santelli, markets all waiting for...
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Apr 16, 2013
04/13
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the gift tax exemption was raised to the same level as the estate tax: the same $5.25 million. it was supposed to go down to a million, so this is a good opportunity for people to take advantage of this, because with the new budget proposal, there is a good chance they could lower it back to the old $1 million, and this way they could be grandfathered. if that is taken away, their estates won't be subject to this tax, and the growth will be out of the people's estates too. - i know a number of years ago, grandparents who wanted to give just a straight gift to children, for example, it was $10,000 a year. now that is up to $14,000, and that is a real boon for grandparents to sort of offload their cash. - right. and if you are married you can double that to $28,000, and if you have a child or grandchild who is married, you can double that again to $56,000. but there are a couple of exceptions that can increase it, such as if the grandparent has a child, say, in college, if he pays the college tuition directly to the school, it doesn't eat into the $14,000 exemption. - so you stil
the gift tax exemption was raised to the same level as the estate tax: the same $5.25 million. it was supposed to go down to a million, so this is a good opportunity for people to take advantage of this, because with the new budget proposal, there is a good chance they could lower it back to the old $1 million, and this way they could be grandfathered. if that is taken away, their estates won't be subject to this tax, and the growth will be out of the people's estates too. - i know a number of...
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Apr 22, 2013
04/13
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this is the internet tax we heard about for so long. would this make you less likely to shop on the internet? log on to facebook.co facebook.com/afterthebell, tell us what you think. we'll read your answer as little later this hour. ♪ . [ male announcer ] at his current pace, bob will retire whene's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob n retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. liz: been a long time since we've seen a stock react like this in the after markets especially to the upside. take a look at shares of netflix, soaring after-hours following first-quarter earnings. we have back to nicole petallides. this is significant jump on very solid numbers. >> it is unbelievable to watch netflix after-hours on the move. we talked about a few things. let's first go over the numbers
this is the internet tax we heard about for so long. would this make you less likely to shop on the internet? log on to facebook.co facebook.com/afterthebell, tell us what you think. we'll read your answer as little later this hour. ♪ . [ male announcer ] at his current pace, bob will retire whene's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and...
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Apr 17, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com and never back down. who believe the american dream doesn't just happen, it's something you have to work for. ♪ we're for those kinds of people. because we're that kind of airline. and we never stop looking for a better way. it's how we've grown into america's largest domestic airline. we are southwest. welcome aboard. >>> all right. maybe this market's lost some of its exuberance over the past few days. maybe we haven't been seeing some of those record highs that become so common that they're almost yawn-worthy. commodities have gotten hammered. and you definitely want to cry when you look at a gold chart or even an oil one. west texas closes at 86. but we also got some super housing start data this week, which is all great news all around. and all because housing punches above its weight in terms of the econo
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com and never back down. who believe the american dream doesn't just happen, it's something you have to work for. ♪ we're for those kinds of people. because we're that kind of airline. and we never stop looking for a better...
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tax from us if we had a tax on their. rapid sales of stocks and bonds we we could have free higher education and that and that state tax we had in the united states. it was eight hundred ninety eight until one hundred sixty four as i recall and f.d.r. kicked it up at thirty five to pay for the c. c. if my recollection is right it was we look at europe eleven countries in europe are starting to institute one of these taxes i asked very little tiny tax on each stock i asked him there's office whether he would support it and he came up with all these you know they came up with these excuses about how they thought it would be inefficient and it wouldn't be able to keep up with the competition meanwhile the competition is instituting in other words the the the billionaires the hedge fund guys have so much money that they basically own this absolutely and the way to get them ultimately is we're going to have to be in build an independent populist anti elite financial elite program and constituency we're going to have to do what
tax from us if we had a tax on their. rapid sales of stocks and bonds we we could have free higher education and that and that state tax we had in the united states. it was eight hundred ninety eight until one hundred sixty four as i recall and f.d.r. kicked it up at thirty five to pay for the c. c. if my recollection is right it was we look at europe eleven countries in europe are starting to institute one of these taxes i asked very little tiny tax on each stock i asked him there's office...
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Apr 22, 2013
04/13
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a few states don't collect sales tax. it means that everybody else in the country is subsidizing their employers. when you say it's bad for small business, i don't understand why. it's the small brick and mortar companies that are being hurt by the current law and, therefore, we're losing employment in states among small retail outlets not on the internet because we're subsidizing thee other states who don't collect the sales tax. >> senator ayotte, your response. >> my response is this is a big money grab from the states. can you imagine requiring these online businesses to collect for almost 9,600 tax jurisdictions throughout the country. talk about burdens on businesses. by the way, this is big retailers and business lining up for smaller online businesses to have to do their tax collection for states. it is so wrong. actually the last thing we should do and a precursor to other things they will try to grab using the internet including taxing the ber net in my view. >> i wasn't for if sales tax until i saw art laffer o
a few states don't collect sales tax. it means that everybody else in the country is subsidizing their employers. when you say it's bad for small business, i don't understand why. it's the small brick and mortar companies that are being hurt by the current law and, therefore, we're losing employment in states among small retail outlets not on the internet because we're subsidizing thee other states who don't collect the sales tax. >> senator ayotte, your response. >> my response is...
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Apr 17, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> you're watching cnbc "squawk on the street" live from the financial capital of the world. the opening bell, and the earnings have been checkered. europe, though, has had a dramatic morning especially the dax. >> look, europe is -- if they're not going do anything to
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together...
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Apr 17, 2013
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com lets you jump backwards and forwards in time to capture the perfect shot. blackberry z10 with time shift. built to keep you moving. see it in action at blackberry.com/z10 >>> welcome back to the program. there you are looking at sarah ferguson. one of the many guests attending the funeral today in london for margaret thatcher. more than 2,000 guests are expected at st. paul's cathedral just up the road from our cnbc stud yeaio here. it's the first time i believe that a lot of people will be seeing the inside of this cathedral since princess diana was married there a couple decades ago. it's certainly one of the biggest and most important funerals the u.k. has seen since churchill passed in 1965 and first time the queen will be in well. there's 10 downing street as we show you some of the crowds gathering. it look
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com lets you jump backwards and forwards in time to capture the perfect shot. blackberry z10 with time shift. built to keep you moving. see it in action at blackberry.com/z10 >>> welcome back to the program. there...
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Apr 16, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> we are waiting for goldman sachs and coke. it was indicated higher. it's less clear now. closes 253.86. i did see trading on word that the company beat us. just under $4 trillion. coke is out. coke is reporting. we're going to look at case volume and everything else. looks like the the adjusted number is 46 cents a chair versus expectations of 45 cents. >> gown from 11.4 billion in the year ago period. now, we're also going to give you all of these case volume estimates and we'll try to figure out all the different parts of the world that we're looking for. worldwide looking for case volume up 3.1% in north america. the company says for the first quarter it was 4%. first quarter 4%. >> there's a big announcement the company put out 10 minutes ago saying they are taking steps with five of the bottling partners
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> we are waiting for goldman sachs and coke. it was indicated higher. it's less clear now. closes 253.86. i did see trading on word that the company beat us. just under $4 trillion. coke is out. coke is...
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Apr 18, 2013
04/13
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tax rates. is there a question in your mind, is the earnings -- as to the earnings quality this quarter? >> you know, not really, that was an r & d tax credit that had flow through in terms of year. i remember looking at the core business, i think motorola as you mentioned, it's a little bit of dragging a lead ball on a chain. but the core business is very solid. volume was up 20%, pricing or cpc as people call it, down 4%. that's moderated, and i think the really key message here is that the core business is still in that kind of high teen to 20% growth with stable margins, ebitda margin in the mid-30s range. i think to the point of jon mentioning enhanced campaign, they're trying to equalize the money that advertisers are spending on mobile as it relates to desk top. i think that's starting to work. we saw that a little bit with yahoo. i think we're going to see that with facebook in a couple of weeks. mobile advertising may be in the infancy is really starting to work and that was part of wha
tax rates. is there a question in your mind, is the earnings -- as to the earnings quality this quarter? >> you know, not really, that was an r & d tax credit that had flow through in terms of year. i remember looking at the core business, i think motorola as you mentioned, it's a little bit of dragging a lead ball on a chain. but the core business is very solid. volume was up 20%, pricing or cpc as people call it, down 4%. that's moderated, and i think the really key message here is...
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Apr 22, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> u.s. prosecutors are prepping charges against dzhokar tsarnaev. investigators won't say whether they've been begun questioning him in the hospital. he's unable to speak after being shot in the throat. fbi wants to speak with his wife's older brother -- i'm sorry, with his older brother who was killed in the shoot-out thursday night. dr. collins is here, head of north american maple croft. welcome. so, look, first of all, how complicating will this be for the investigation if they're unable to get him to speak? it sounds as though he's beginning to write. >> yes. thanks for having me on this morning. it's important in the beginning context and for this instance. so this is the first islamist attack on the united states since 9/11. in 2006, we had the liquid bomb plot that was foiled. and there's the underwear
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> u.s. prosecutors are prepping charges against dzhokar tsarnaev. investigators won't say whether they've been begun questioning him in the hospital. he's unable to speak after being shot in the throat. fbi...
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Apr 20, 2013
04/13
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if you can get something, say, twice the risk free rate and get a good tax rate on it, in other words, like you have a reduced tax on the dividends or the capital gains, then you're going to do real well. if you look, the ten year or measure against the 30 years, say 3, 3 1/2, 4, if you can get 6%, 7%, 8%, you are doing great. john in north carolina, john. hey, john. >> caller: hey, what's gone on, jim? >> not much. how about you? >> caller: doing good. so i'm new to the market. >> okay. >> caller: and i've been watching the show and reading the mad money book, which has been very helpful. >> thank you. >> caller: my question is, when i'm doing valuations for companies that i'm interested in and i'm calculating ppgs, which eps number should i use and which growth percentage should i use? is it previous quarter or previous year or is it the estimates for the next quarter or the next year? >> okay. when you're doing the price earnings ratios, i always like to look at the forward, in other words, next year. i don't like to look at historic because that doesn't make it. you have to go and
if you can get something, say, twice the risk free rate and get a good tax rate on it, in other words, like you have a reduced tax on the dividends or the capital gains, then you're going to do real well. if you look, the ten year or measure against the 30 years, say 3, 3 1/2, 4, if you can get 6%, 7%, 8%, you are doing great. john in north carolina, john. hey, john. >> caller: hey, what's gone on, jim? >> not much. how about you? >> caller: doing good. so i'm new to the...
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Apr 20, 2013
04/13
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if you get lots and lots of subsidies you will get jobs, but where you will see it iwith higher taxes elsewhere, which will shed jobs. john: each green job cost $175,000 each per job? >> if you really want jobs, you can make an argument in a crisis toubsidize jobs in the short run. you can get many more jobs if you focused on infrastructe or hospitals or other things where you would create a lot of great benefits and more jobs. john: you dispute this using wind power tcreate the same amount as nuclear plants are you in need to cover the state of rhode island. >> wind turbines are much less efficient partly because they take up a lot of space. john: and they're more efficient than the solar. >> they only work aboutne fourth of the time. you have to build a lot of backup power. the fuel is free, so potentially we couldet to a stuation where we are beneficial. but we are not there yet. john: but we are spending like we are. >> a lot of people, global warming, we have to do something now. actually global warng, we have to find smart ways to make sure we can get everybody on board, not jus
if you get lots and lots of subsidies you will get jobs, but where you will see it iwith higher taxes elsewhere, which will shed jobs. john: each green job cost $175,000 each per job? >> if you really want jobs, you can make an argument in a crisis toubsidize jobs in the short run. you can get many more jobs if you focused on infrastructe or hospitals or other things where you would create a lot of great benefits and more jobs. john: you dispute this using wind power tcreate the same...
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Apr 18, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business >>> welcome back to the program. here is a look at how stock res trading, to the up side. we are seeing increases throughout the trading session. yesterday was a different story. we started out okay and rapidly sold off. germany in particular was weak. eegan jones did dowde country to an a from an a plus. the xetra dax today after shedding better than 2% yesterday, which is a huge move for this index, rebounding by about 0.4%. small gains seen elsewhere, the ftse mib in italy up about 0.6%. keeping an eye on the presidential election process. that is currently under way. here is a look at the bond space. when it comes to the ten-year rates, we're also seeing a similar story with the one exception of germany. so generally speaking, risk sentiment doing okay this morning. yields falling to 4.65%. 4.23% respectively. we've been sittin
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business >>> welcome back to the program. here is a look at how stock res trading, to the up side. we are seeing increases throughout the trading session. yesterday was a different story. we started out okay and rapidly sold off. germany in...
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Apr 24, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients to software, to nurses to the right people and machines. ♪ helping hospitals treat people even better, while dramatically reducing waiting time. now a waiting room is just a room. [ telephone ringing ] [ static warbles ] [ beeping ] red or blue? ♪ >>> welcome back to the program. barclays just reported a drop in first quarter profit fell shy of estimates and was hit by the new restructuring plan. the bank took charges of 500 million pounds during the period related to plans to scale back the banking portfolio. barclays shares are up 1.5% on a day when most european stocks are higher. credit su
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients...
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Apr 19, 2013
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com but i wondered what a i tcustomer thought? is great, hi nia... nice to meet you nia, i'm mike. what do you drive? i have a ford explorer, i love my car. and you're treating it well? yes i am. there are a lot of places you could take your explorer for service, why do you bring it back to the ford dealership? they specifically work on fords. it seems to me like the best care. and it's equal or less money, so it's a value for me. get a free brake inspection and brake pads installed for just 49.95 after rebates when you use the ford service credit card. who doesn't enjoy value? at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. the east coast this morning and that means we are getting clo
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com but i wondered what a i tcustomer thought? is great, hi nia... nice to meet you nia, i'm mike. what do you drive? i have a ford explorer, i love my car. and you're treating it well? yes i am. there are a lot of places you...
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Apr 24, 2013
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would require apple to pay a high tax rate. and issuing debt would lower the cost of capitol and it's a good time to issue debt with rates at an all time low. the credit rating agency s&p gave apple a double rating with a stable outlook. apple now has the same rating as the u.s. government. an apple bond would be well received by the street. bondholders have accepted microsoft and google issuance. even another analyst, carl, pointing out these days it's hard to find companies or countries with high ratings so perhaps if apple goes forward with issuing a bond it may be well received by the street. >> a lot of people discussing if you don't like the stock if you would go ahead and buy an apple bond. seema, thank you. and whirlpool is falling today after first quarter sales did disappoint the street. we'll get the ceo's reaction to the numbers when jeff fetting joins us after the break. >> hey, rick. >> absolutely. we're going to hit it from another angle. we're going to talk to an expert. joe will be coming up in about ten minute
would require apple to pay a high tax rate. and issuing debt would lower the cost of capitol and it's a good time to issue debt with rates at an all time low. the credit rating agency s&p gave apple a double rating with a stable outlook. apple now has the same rating as the u.s. government. an apple bond would be well received by the street. bondholders have accepted microsoft and google issuance. even another analyst, carl, pointing out these days it's hard to find companies or countries...
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Apr 22, 2013
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as they're essentially a sales tax on investors. the financial industry is worried that this could be a back door financial transaction tax. >> there are a lot of taxes moving in washington, that's for sure. >> thanks a lot, eamon javers. when we come back the sequester effect on travel. faa employee furloughs began yesterday so should we all get ready for a lot more airport delays all around the country? we'll talk to the department of transportation inspector general mary shaf ov when we come back. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ >>> about >>> about an hour into trading and some of the stories we're squawking about. existing home sa
as they're essentially a sales tax on investors. the financial industry is worried that this could be a back door financial transaction tax. >> there are a lot of taxes moving in washington, that's for sure. >> thanks a lot, eamon javers. when we come back the sequester effect on travel. faa employee furloughs began yesterday so should we all get ready for a lot more airport delays all around the country? we'll talk to the department of transportation inspector general mary shaf ov...
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Apr 16, 2013
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ >>> welcome back to "fast money," i'm bertha coombs. i want to update you on the latest update from officials in boston on the boston marathon bombing. fbi special agent in charge says they have sifted through some 2,000 tips so far. he talked about the bomb. what went on in the making of those explosive devices. he said they were encased in pressure cookers and he detailed what they have gathered so far from the forensic evidence. >> among items partially recovered are pieces of black nylon which could be from a backpack. and what appear to be fragments of bbs and nails possibly contained in a pressure cook
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ >>>...
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Apr 16, 2013
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that's like a tax on everything we do. it's not a productive activity. >> i felt it coming into manhattan today. there were more police officers at the bridges and tunnels, people were pulled over on the side of the roads checking cars. took me a long time to get here today because of that. that's out of pocket. >> yeah, it's money. it's time. you spend more time in transitions between home and work, on travel, and think in the past decade of the amount of money this country spent on making people safe. that's an important endeavor in and of itself, but that's not hiring people or investing in new technology. that's not growth. that's a cost. >> after 9/11, or in 2011, we were just on the precipice of the economy turning, and then 9/11 hits. >> 9/11 hits, the recession, people remember that. that was the first of the jobless recoveries. think back. it took a long time. it was during that period we were trying to build a regulatory apparatus to make people safe, a physical app apparatus, and it's not a coincidence we had a
that's like a tax on everything we do. it's not a productive activity. >> i felt it coming into manhattan today. there were more police officers at the bridges and tunnels, people were pulled over on the side of the roads checking cars. took me a long time to get here today because of that. that's out of pocket. >> yeah, it's money. it's time. you spend more time in transitions between home and work, on travel, and think in the past decade of the amount of money this country spent...
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69
Apr 23, 2013
04/13
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FBC
tv
eye 69
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the kind of tax reform we had in 1986 where you eliminate tax references and you lower rates. president obama has tended to be against lowering rates. he wants to raise rates on high income earners. but you've got an interesting situation now. senator, the chairman of the senate finance committee, the ranking democrat now since someone has announced he's not going to run for re-election in 2014. that gives him pretty much a free hand to try to fashion some kind of tax reform if he wants to do it in cooperation with the ranking republican on that committee. i think that it is within the realm of possibility that these two could do that. dave camp, the republican chairman of the house weighs and means committee has been working on the tax reform. we've seen on immigration, the president is leading from behind. he's the opposite of l.b.j. who insisted that congress pass his law without changing a comma. president obama doesn't have much in the way of recommendations. so it's possible, i think, not likely but possible that we could see serious moves towards tax reform. dagen: keep
the kind of tax reform we had in 1986 where you eliminate tax references and you lower rates. president obama has tended to be against lowering rates. he wants to raise rates on high income earners. but you've got an interesting situation now. senator, the chairman of the senate finance committee, the ranking democrat now since someone has announced he's not going to run for re-election in 2014. that gives him pretty much a free hand to try to fashion some kind of tax reform if he wants to do...
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195
Apr 18, 2013
04/13
by
CNBC
tv
eye 195
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click, your tax is paid. i don't know. >>> still ahead, the building of the biggest container ships to roam the world. and the man who's paying $190 million for each of them. the maersk ceo nils andersen will join us here live at post 9. >>> what will twitter music mean for the likes of pandora? back in two. but i wondered what a customer thought? describe the first time you met. you brought the flex in... as soon as i met fiona and i was describing the problem we were having with our rear brakes, she immediately triaged the situation, knew exactly what was wrong with it, the car was diagnosed properly, it was fixed correctly i have confidence knowing that if i take to ford it's going to be done correctly with the right parts and the right people. get a free brake inspection and brake pads installed for just 49.95 after rebates when you use the ford service credit card. did you tell him to say all of that? no, he's right though... omnipotent of opportunity. you know how to mix business... with business. and y
click, your tax is paid. i don't know. >>> still ahead, the building of the biggest container ships to roam the world. and the man who's paying $190 million for each of them. the maersk ceo nils andersen will join us here live at post 9. >>> what will twitter music mean for the likes of pandora? back in two. but i wondered what a customer thought? describe the first time you met. you brought the flex in... as soon as i met fiona and i was describing the problem we were having...
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78
Apr 16, 2013
04/13
by
FBC
tv
eye 78
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they are more worried about the impact on the economy and payroll taxes january 1. connell: let's bring just jeff and from raymond james. let's follow up on what peter is reporting on and the financial markets both yesterday and today. even without what happened in boston yesterday was setting up to be a remarkable day. stocks were down. gold was selling off. there were further jitters after what happened in the afternoon, obviously. >> it reminded me very much of the hunt silver corner. when it finally, when the fever finally broke on october 7, excuse me, january 7 of 1980, you had a hard move on silver just like you did on gold on friday. they try to hold the markets together. the margin calls went out. people had to start selling their commodity positions. i do not know if they play that way here or not, but it has had a heart attack on the market and heart attack patients do not get right off the gurney and run a 100-yard. connell: if it bounces back up, is it in your view over at this point and the second part, what, if any, to the impacts of the bombing have?
they are more worried about the impact on the economy and payroll taxes january 1. connell: let's bring just jeff and from raymond james. let's follow up on what peter is reporting on and the financial markets both yesterday and today. even without what happened in boston yesterday was setting up to be a remarkable day. stocks were down. gold was selling off. there were further jitters after what happened in the afternoon, obviously. >> it reminded me very much of the hunt silver corner....
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Apr 24, 2013
04/13
by
CSPAN2
tv
eye 74
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no federal tax, new tax. only the collection of existing state sales taxes. that's all we're asking for. now, our opposition comes from several quarters, but primarily from no-sales-tax states like oregon, montana, new hampshire. those senators from those states where they pay no sales tax whatsoever would not even require their internet serls to collect -- sellers to collect sales tax on sales made in other states. at the end of the day if marketplace fairness act passes, the citizens of oregon will not pay one penny in sales tax more -- they pay none -- nor will the citizens of montana, delaware, or alaska. the state law prevails. we coapt don't change it at all. but to suggest you can sit in oregon as an internet retailer and sell into other states at a disadvantage to the local businesses, not collect sales taxes, is unfair. and what we ao achieve here is fairness and balance. we have obviously the major retailers across america supporting this but more. we have units of government that are now not receiving the sales tax seats from internet -- receipts f
no federal tax, new tax. only the collection of existing state sales taxes. that's all we're asking for. now, our opposition comes from several quarters, but primarily from no-sales-tax states like oregon, montana, new hampshire. those senators from those states where they pay no sales tax whatsoever would not even require their internet serls to collect -- sellers to collect sales tax on sales made in other states. at the end of the day if marketplace fairness act passes, the citizens of...
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154
Apr 24, 2013
04/13
by
KPIX
tv
eye 154
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the state's legislative office said today the state has been posting strong tax collections so far this fiscal year. this news means a potential boost to funding for education, much or all of that extra revenue expected to go to public schools and community colleges. >> but it's not all good news. once again, contra costa supervisors are talking about closing fire stations. four have already been shuttered and as kpix 5's cate caugiran says, talk of losing more stations has people nervous. >> the impact is going to be tremendous to this area. >> reporter: a new budget was put on the table at this morning's board of supervisors meeting and two more contra costa fire stations were put on the chopping block. >> i know they have to cut but i can imagine cutting two more fire stations. it would devastate this area. >> it's our fire season. we had the refinery. they had their own fire department but in case of something where all the stations have to come help, what happens to the people here if something happens? it's a concern. >> reporter: last year, the board decided to close four station
the state's legislative office said today the state has been posting strong tax collections so far this fiscal year. this news means a potential boost to funding for education, much or all of that extra revenue expected to go to public schools and community colleges. >> but it's not all good news. once again, contra costa supervisors are talking about closing fire stations. four have already been shuttered and as kpix 5's cate caugiran says, talk of losing more stations has people...
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98
Apr 22, 2013
04/13
by
CNBC
tv
eye 98
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. >> some americans are changing the way they do business to avoid paying any federal taxes. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >> >> well, the gold bulls are saying it's about time. gold is finally rallying today. sharon epperson is tracking. it was quite a week. >> it was quite a week and day last monday. the biggest dollar lo
. >> some americans are changing the way they do business to avoid paying any federal taxes. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. but we can still help you see your big picture. with...
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222
Apr 16, 2013
04/13
by
KPIX
tv
eye 222
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for more information on tax day go to kpix/tax. >>> folks rushing to the post office had to battle the winds today. >> two mondays we've had the strong winds. strong storms moving in. we're going to have them for a while. windy conditions overnight. breezy throughout the day tomorrow. after that, it will be about the sunshine. if you're heading out this evening, it will be windy. hold onto your hat. wind gusts from this morning when winds were strongest, 57 miles per hour. st. carlos 45 miles per hour. on the bridge, 42 miles per hour wind gusts today. this front did not give us much rainfall. we had some in the south bay earlier this morning. the high definition doppler is dry. overnight lows tonight because winds are from the north, it will be chilly. redwood city 43. oakland's low 45 degrees. high pressure building in from the west. like last week, we had a low pass by and intensify. with the front, not much rainfall. it's windy. this area of high pressure and low pressure causes the wind. we're caught in between tonight and tomorrow with a strong north to northwest wind. watching t
for more information on tax day go to kpix/tax. >>> folks rushing to the post office had to battle the winds today. >> two mondays we've had the strong winds. strong storms moving in. we're going to have them for a while. windy conditions overnight. breezy throughout the day tomorrow. after that, it will be about the sunshine. if you're heading out this evening, it will be windy. hold onto your hat. wind gusts from this morning when winds were strongest, 57 miles per hour. st....